HIGHER GAS, HOUS­ING LIFT CON­SUMER PRICES 0.4%

The Signal - - MONEY -

Higher gas and hous­ing costs boosted U.S. con­sumer prices 0.4% in Au­gust, the most in seven months. The in­crease sug­gests in­fla­tion could be pick­ing up, but the fig­ures may have been dis­torted by Hur­ri­cane Har­vey. Con­sumer prices climbed 1.9% com­pared with a year ear­lier, the La­bor Department said, up from an an­nual gain of 1.7% in Au­gust.

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